Low Rates and Limited Liability Mean Hot Markets
The taxpayer is backstopping more credit risk than ever…
Continue readingThe taxpayer is backstopping more credit risk than ever…
Continue readingSomething good is coming out of the covid lockdowns…
Continue readingIf interest rates are not set by the free market, there is no freedom…
Continue readingWe can only thank goodness the parents of these young people believed in serving customers and saving their wealth. This wealth was…
Continue readingBetween the Federal Reserve, Congress, and Covid, navigating the business cycle is equivalent to sneaking through a house of mirrors…
Continue readingUsing the skyscraper curse, the Circa sportsbook opening could be signaling a peak in sports wagering or the end of Las Vegas’s glory days…
Continue readingThe world’s central banks must take whatever paper governments issue. The result by the end of the decade will be…
Continue readingStaying ahead of the government printing press is the modern citizen’s constant worry. There are no hard money central bankers, let alone…
Continue readingAfter the sharp March COVID crash, stocks have come roaring back: nevermind the pandemic, protests in the streets, shuttered businesses, and…
Continue readingAlmost gambling?
Continue readingThe result was billions in government waste. I’ve seen laziness at the FDIC and some waste, but nothing like this…
Continue readingBloomberg posits that inflation is gone for at least a decade. Well, maybe not…
Continue readingFrom Greece to Venezuela, as fiat currency crises play out in real time, women do what they have to just to survive. Here are the details…
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